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20121006
20121014
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KCSMMHZ 21
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English 11
Search Results 0 to 20 of about 21 (some duplicates have been removed)
KCSMMHZ
Oct 9, 2012 5:30pm PDT
through a list of challenges in developed countries. government spending cuts, a weak financial system, high unemployment. emerging economies such as china drove the recovery from the global downturn, but they have cooled off. >> clearly the downside if the global economy were to slow much more than expected, then additional policy measures will be needed. >> reporter: he said he was encouraged by the easy money policies of many banks and pieces to what he called a complex puzzle are starting to fall into place. he said if the puzzle can be completed, then one can hope that the worst might be behind us. ron madison, nhk world, tokyo. >>> this high level gathering wouldn't have been happening here in tokyo if things had gone according to plan. accordi organizers originally decided to go in egypt. immediately raised his hand and proposed japan would host. we spoke with the vice minister of finance for international finance. >> reporter: vice minister nakoa was instrumental to bringing the meeting to tokyo. he says there are two goals he hopes to achieve during the meetings. >> in the int
KCSMMHZ
Oct 10, 2012 6:00am PDT
for governments and banks in countries such as spain and italy. vinals said neighbor nations need to do their part toward stability. policymakers need to build stronger firewalls and establish a banking union and a single supervisor. he said weak banks need to restructure their financing. now, vinals said what's happened in europe should serve as an example for financial leaders in the united states as well as here in japan. he said waiting until the strains become clearer just leads to harsher outcomes. vinals says japan's high level of debt presents a stability risk and said the government leaders need to deal with budget problems. they pointed to commercial bank holdings of government bonds as yet another risk. they project in five years bonds could make up a third of those banks' total assets and they warned those institutions would suffer heavy losses if interest rates rose. now, vinals said japanese leaders need to be more vigilant about their risks. i had a chance to speak with him about some of the problems and some of the solutions. mr. vinals, you spoke this morning about japan remaining
KCSMMHZ
Oct 11, 2012 6:00am PDT
the job of rewriting the rules of finance. government leaders need to tackle what she calls a legacy of high debt. lagarde says they should focus on getting people, particularly young people, back to work, and they should address the imbalances between rich and poor. she says financial leaders need to lift a veil of uncertainty. >>> one of lagarde's deputies says everyone at the imf world bank meetings is focused on uncertainty. our ron madison talked with joo ming to find out what he hopes will come out of this conference. >> which hold the most threat do you think of potentially derailing a fragile economy? >> the current risk number one is still the european crisis. if the crisis intensifies, it can cause skwit a bit of damage for the whole world. we did a study to see if one extreme case, for example, if things go, it could cause roughly 6% of gdp impact itself and roughly 6% for uk collective gdp impact, rough ly 2% for u.s and 2% for japan and china and the rest of the world. so, this is a pretty serious situation. >> we're seeing a slowdown now in china just ahead of the chang
KCSMMHZ
Oct 6, 2012 8:30am PDT
in prague are protesting against the government ban. they can no longer sell expensive drinks to tourists -- only beer and wine. no one is happy. >> czechs are angry, really mad. drinking spirits is a national pastime. what do you expect. >> but over 20 people have died. the government had to do something. >> everybody suffers just because a couple of people made a mistake. one person sold a bad batch of spirits, and now 10 million people have to suffer. >> the government is introducing new requirements for seals and proofs of origin. only bottles with approve labels will be allowed for sale and export, but many think moonshiner's will just take the new labels, and the new rules come too late for vladimir. doctors say he will never see again. >> spain's regions were once the symbol of democratic progress. for a long time, the regions are prospering and all was well in spain, but that changed dramatically when the financial crisis hit. now, many regions are on the verge of bankruptcy. today, the number of spaniards who can afford it beach is dropping, so it has rediscovered an old idea. >>
KCSMMHZ
Oct 8, 2012 2:30pm PDT
the allegations and have the support of the chinese government. >> when china in the u.s. benefit from the business we do in america are, we hope the congress will monday's their opinions on prejudice but on the facts so as not to hurt bilateral trade relations. >> this is just the latest battle in a war of words over trade and economic practices. the u.s. has accused china of unfairly subsidizing renewable energy and the auto industry in china expressing complaints to the wto. clogs let's get to the u.s. election campaign. romney accused obama of failing to lead in the middle east. is going to frame his positions ahead of the next presidential debate next week. we have some analysis from our russian and correspondents in just a moment, but first tier are a few clips. >> it is our responsibility and the responsibility of the president to use our greatest power to shape history, not lead from behind the. destiny at the mercy of events. i will put the leaders of iran on notice that the u.s. and our friends and allies will prevent them from acquiring nuclear weapon capability. i will not
KCSMMHZ
Oct 11, 2012 2:30pm PDT
and global slowdown. lagarde says government can do more harm than good by cutting too far too fast. >> struggling eurozone countries should be granted more time to fix their fiscal problems according to the international monetary fund chief, christine lagarde. she said with many countries introducing drastic austerity programs at the same time, it is important to slow budget cuts, particularly in greece. >> i have said repeatedly that an additional two years was necessary for the country to actually face the fiscal consolidation program that is considered. >> the german finance minister is also in tokyo. he repeated his position that greece must stick to the cost- saving measures and timetables agreed with its international lenders. >> i think it is better for each country to try to solve its own problems and keep promises already made. if they cannot keep those promises, they must expect to be criticized for it. >> it is still not certain whether greece will qualify for its next installment of bailout funds. without the 31.5 billion euros in loans, they could be forced out of the
KCSMMHZ
Oct 12, 2012 6:00am PDT
and that money buys the vaccines. the risks are relatively small. the returns are guaranteed by government donations. the real payoff, though, is seen in countries across the developing world. >> we were able to immunize 325 million children and save more than 5.5 million lives. >> reporter: firms issued the first vaccines in 2006. people in japan were allowed to start buying them two years later. they now account for half of the 60,000 investors worldwide. japanese are interested in the product because they have based low-interest rates on investments for years. but it's more than that. >> translator: i think it's very good because it can raise focus, and it can invest in meaningful activities at the same time. >> i think that conscience of the japanese public is very important to this effort. >> reporter: amy ohno wants to be part of that effort. she's looking forward to the next vaccine vial issuance. she likes the potential reward on her investment. >> translator: i'm home. >> reporter: and she likes the example she's setting for her 11-year-old son, kyohe. >> translator: there are so
KCSMMHZ
Oct 10, 2012 2:30pm PDT
that involves getting agreement from two companies, three governments, and that is incredibly difficult to do. the euro crisis has not helped, and in the end, you have to say investors in this company have not been convinced of the logic of this deal. you can see that from the fact that the eas share price has risen sharply on the news of the collapse of these talks. >> the international monetary fund has called on europe's leaders to do more to tackle the eurozone debt crisis. at the imf's annual meeting, leaders said the flow of money out of searching countries was particularly country. the imf chief also urged greece to take more concrete and urgent action to cut its spending. >> let's turn to the markets now and take a quick peek at some numbers. the dax ended the day almost 0.5% down. euro stoxx 50 closed 2% down. the dow jones currently going down 1%. the euro is trading at $1.2897. >> in germany after months of intense public debate, the government has unveiled new legislation aimed at regulating circumcision of young boys. >> it is to overturn a regional court ruling in may that circu
KCSMMHZ
Oct 8, 2012 5:30pm PDT
and 10% of coastal and marine areas by 2020. but many governments have yet to pass laws enforcing the protocol. some developing countries say they can't afford to implement the policies. the apartments participants are into it. >>> have begun 11 days of joint exercises. the drills are taking place near islands at the center of a territorial dispute between china and the philippines. the drills began monday on the western coast of luzon island facing the south china sea. 3,800 personnel are taking part in this year's exercises. that's 800 more than last year. a filipino military leader suggested the numbers reflect a growing security threat in the region. >> and i'm confident that they shall result in the partnership that is enduring that we shall be prepared to face the present and emerging maritime challenges in this part of the region. >> the philippines is engaged in territorial disputes with china over the islands. chinese patrol boats are preventing philippine boats from reaching the shore. >>> australian prime minister hatz urged japan to sign a trade agreement. gillard spok
KCSMMHZ
Oct 9, 2012 6:00am PDT
is given by the government for the public wealth and so on, it is not in line with the transformation to the consumption economy. and also it might involve the risk of inflation and realistic hike and so on. so they look a little bit prue dentd, but they have 7.5% of growth target. so i think in the end they'll achieve the goal. >> reporter: recent tensions over territorial disagreements between japan and china have cast a shadow over the two economies. nakao says he hopes the meetings will help the two sides overcome their differences. >> this shouldn't impede a strong economic tie. and i mention that prime minister noda and premier wen last december agreed to the cooperation. we have a lot of concrete efforts. once again, i hope that any difficulties will not harm this kind of progress. >> reporter: all right. well, as you can imagine, bankers have been wringing their hands at all this uncertainty that we've been talking about. tomorrow we'll take a look inside the financial sector. we'll have lots more from here at the tokyo international forum. >> that was nhk world's ron madison.
KCSMMHZ
Oct 9, 2012 9:30am PDT
, the socialist government in paris wants to send more than 200 additional police to marseille. the left-wing mayor of the district says even that is not enough. she wants the army to patrol the district. >> i am only saying what the residents do not dare say out loud because they're afraid there will be repercussions. they are afraid their cars will be set on fire, they will be threatened, or their children a salted. >> those fears are justified. often police have to let dealers go shortly after they have arrested them, especially if they are minors. the police have the impression judges are undoing the work they have done. >> our courts should finally start imposing harsher penalties on drug consumers and dealers. >> the war against drug gangs is not even close to being one -- won. that harms marseille's prospects as a european capital of culture next year. the old port is being spruced up and a museum built, but not much is set to change in the city's in northern districts. >> when the soviet union fell apart, lithuania was the first of the republics to formally declare independence.
KCSMMHZ
Oct 9, 2012 2:30pm PDT
by not having anything from this meeting. >> today, there was a ban on protests. the government banned demonstrations, but the people defied them and protested there anyway. what has it been like? >> i was looking down the square earlier, and it felt like the place was absolutely deserted. there were street cleaners cleaning the streets. there were burned garbage bins. there were sidewalks that were broken. 50,000 protesters took part in these riots, and basically, we had 217 detentions, 24 arrests, three citizens wounded, and four police officers, one of which was seriously injured. in those protests, each used their own imagination, each of those protesters. there was one who was walking around naked during the protests to show a sign of his reaction. there was someone else -- there were some others who were actually dressed up as hitler, and they were carrying flags with a nazi swastika. >> thank you so much. we are running short on time, and we have to cut you short there, but thank you very much for that report. >> chancellor merkel's visit to greece is being closely watched here
KCSMMHZ
Oct 6, 2012 8:00am PDT
the german government-owned kfw development bank, which is lending us money with low interest rates and which we're then going to pass on. >> those low interest rates are possible thanks to the german government's international climate initiative. it helps finance environmental projects all over the world. thanks to that support, elvan gÜven's company was able to invest 10 million dollars in the new deresi dam. it's very modest -- the reservoir looks more like a swimming pool. >> this is the exit of the water channel, which is 1.7 kilometers. we carry the water with its own the water at the headpond and- fill our pen stock with water,p6 meters below. >> so there is no big lake needed? >> there is no big lake needed for this project, we didn't have to cut any trees, nobody has to be moved from their houses. it's a very compact project. >> the water from the pipes powers a generator that produces enough electricity to supply a small town. thirteen people have found work in the new hydroelectric plant. but what do residents think of it? a nearby village is the home of souvenir seller kemal yavu
KCSMMHZ
Oct 12, 2012 2:30pm PDT
and the commission will become a government in its own right with the european president and minister. >> can i guarantee my children the same quality of life i have today? i vision is yes. that's what i want. it will not happen if we split into separate entities. >> it is the members of big nations and the umpires that count. china, u.s., brazil, india, japan. >> this union needs the euro. if the single currency collapses it could have unforeseen problems they want to avoid. the eu is unlikely to abandon the euro anytime soon. >> europe has come a very long way in the last six years. >> the nobel committee said they wanted to focus not on the currency conundrum but on the six decades of peace and prosperity that europe has achieved. >> a united europe banned after devastation from world war ii, it may have seemed impossible to turn rivals and to partners. this included a historic archrival's france and germany. the hope was that an economic union would also promote peace. >> europe will not be made all at once. it will be built through concrete achievements which creates a defacto solidarity.
KCSMMHZ
Oct 8, 2012 9:30am PDT
. these days they want to control their family planning. and the government is prepared to do everything to make that possible to fulfill their ambition. >> guddi already has three children -- one too many, according to statistics. now she won't get pregnant again. she says it's over, and that she's now relieved. >> india can't ban having children. but the state can reward women who have the surgery with 600 rupies -- about 9 euros -- cash in hand. still in pain, guddi receives the money, and the state of rajasthan gives her a chance to win the car. guddi lives in a village where there aren't any cars. we visited her a day before the operation. she has two sons and a daughter. the youngest is still an infant. her husband works far away and only comes home twice a year. >> i'm going to do it, have myself sterilized. i'm not going to think about it anymore. and more children? i would never be able to take care of them. >> she also won't have to think about other methods of contraception, like condoms or birth control pills. outside, ratan kanwar is on the go. the midwife works for the stat
KCSMMHZ
Oct 10, 2012 5:30pm PDT
and japanese officials released a joint statement after the meeting. it urges governments and related organizations to incorporate disaster risk management in old development policies. >> we need to foster a culture of prevention. it's so much more cost effective to invest in the prevention of damage from disasters than it is to invest in -- to wait and have to pay the cost of reconstruction. >> reporter: kim points to japan as a model for mitigating the damage caused by disasters. and japanese officials say they are ready to share what they know. >> translator: in order to build a disaster resistance society, we want to provide what japan has developed on disaster prevention, such as know how, technologies, and human resources. through that, we want to contribute to international society. >> reporter: world bank representatives say more money is spent on disaster response and recovery than preparation and prevention. they note the impact of disasters, especially on the poor, is growing. they argue investing in risk management could help reverse this trend, saving lives and money. ter
KCSMMHZ
Oct 5, 2012 5:30pm PDT
. chinese people show their anger at the japan government's nationalization of the senkaku islands. they arrived last month and destroyed japanese businesses. insurers say they'll have to pay out hundreds of millions of dollars. they say they're not issuing new policies for the time being because they can't tell how much more damage rioters might cause. they're letting people renew their insurance but don't know when they'll be able to take on new customers. the japanese government has decided to appoint chief secretary as its new ambassador to china. he previously worked for the foreign ministry. he served as depth chief of the american and african affairs bureau. he will replace the first person from the private sector to serve as japan's top envoy to china. a senior diplomat was nominated as the successor, but he died of a sudden illness last month. the government was quick to find a replacement for the post amid diplomatic tensions. >>> taiwan's representative is back on the job. called to protest the japanese government's nationalization of the senkaku islands. got back to dip
KCSMMHZ
Oct 8, 2012 6:00am PDT
committee is warning government agencies not to use products made by china's two top technology firms. committee members have been investigating them for almost a year. they say the firms may be involved in espionage activities for the chinese government and military. they are major global suppliers of mobile devices. nhk obtained a copy of the panel's report. the document criticizes the companies for being unwilling to cooperate with the inquiry. it says the firms fail to provide sufficient information on their relationship with the chinese government. the report concludes members of the intelligence committee cannot overcome the concerns they have regarding the firms' involvement with chinese intelligence. it warns the u.s. government not to use their products. chinese foreign ministry spokesperson hong lei reacted by saying china's technology firms are complying with the rules that govern global markets. and he says the u.s. is benefitting from various chinese products. hong called on u.s. leaders to abandon prejudice and avoid moves that would hinder the economic relationship betw
KCSMMHZ
Oct 12, 2012 5:30pm PDT
's been a visiting lecturist since 2006. >>> in other news, a greek government minister has highlighted how badly his administration is strapped for cash. he said greece needs bailout funds by next month or the government will run out of money. -- trying to get more international bailout loans worth $41 billion. >> we can go to november but not beyond that. we also comply with the agreement and proceed with it as planned. >> greek leaders say they need more time to cut their budget deficit. they're asking officials of the eu and other organizations to push back a deadline by two years. he said the greek economy is likely to shrink next year for the sixth year in a row. he says more austerity would throw the economy off balance. greece's unemployment up 25% in july. he said governments will privatize state-run firms to revive economy and create jobs. >>> the u.n. and arab league peace push is back in the middle east. to try to find a revolution with the syrian war. he began by meeting king abdullah. he is believed to have asked the king not to intervene excessively. supporters and oppone
Search Results 0 to 20 of about 21 (some duplicates have been removed)